“After the stringent evaluation process we
found out that SafeNet’s HSM provides higher
security than its competition. Since it is a hardware box, it is more
secure than software encryption. Although the product provides similar
security standards to competitor’s products,
in terms of performance SafeNet’s HSM scored
much higher. SafeNet HSM supported 1200 transactions per second (TPS),
whereas products from other vendors supported only 20 TPS for the same
price,” said an Obopay spokesperson. “All
of this coupled with SafeNet’s unparalleled
technical support, made them a sure winner.”

“It is very rewarding to see Obopay invest in
SafeNet’s HSM to provide higher banking
security to its customers,” said René
Bastien, payment products manager, SafeNet, Inc. “Obopay
has invested in a comprehensive solution, allowing them to deliver
superior service to their customers.”

SafeNet HSMs are a premium product that provides advanced features
including direct hardware-to-hardware backup, split user role
administration, multi-person authentication and trusted path
authentication coupled with proven security and operational deployment
experience in some of the largest financial institutions in the world.

About SafeNet, Inc.

SafeNet is a global leader in information security. Founded 25 years
ago, the company provides complete security utilizing its encryption
technologies to protect communications, intellectual property and
digital identities, and offers a full spectrum of products including
hardware, software, and chips. UBS, Nokia, Fujitsu, Hitachi, Bank of
America, Adobe, Cisco Systems, Microsoft, Samsung, Texas Instruments,
the U.S. Departments of Defense and Homeland Security, the U.S. Internal
Revenue Service and scores of other customers entrust their security
needs to SafeNet. In 2007, SafeNet was taken private by Vector Capital.
For more information, visit
www.safenet-inc.com.

Editor’s Note: SafeNet is a
registered trademark of SafeNet, Inc. All other trademarks are the
property of their respective owners.

About Obopay

Obopay is a two–year–old,
U.S.-based P2P payment and remittance service provider; the pioneer in
real time, cross bank, cross channel, cross operator, P2P money transfer
service. Obopay currently has offices in Bangalore and Mumbai. Obopay
lets consumers and businesses purchase, pay and transfer money through
any mobile device. Learn more at www.obopay.in.